JASCO ELECTRONICS HOLDINGS LIMITED - Results of the Offer

Results of the Offer

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC      ISIN: ZAE000003794
("Jasco" or “the Company”)

Results of the Offer

Shareholders are referred to the Results of General Meeting – Offer
and Delisting announcement that was released on SENS on Wednesday, 26
April 2023 and the Finalisation Announcement that was released on
Monday 8 May 2023 and are advised that the Offer closed on Friday 19
May 2023.

All capitalised terms used but not defined in this announcement shall
bear the meanings ascribed to them in the Offer Circular

The Offer was accepted in respect of 70 097 576 Jasco Shares,
representing 19.08% of the total Jasco Shares in issue. As a result
CIH together with the Offeror holds 74.42% of the total Jasco Shares
as at the date of this announcement.

The listing of the Jasco Shares on the JSE will be terminated at
commencement of trade on the JSE on Tuesday, 23 May 2023.

Jasco Independent Board and Jasco Board Responsibility Statement
The Independent Board and the Jasco Board, individually and
collectively accept full responsibility for the accuracy of the
information contained in this announcement, and certify that, to the
best of their respective knowledge and belief, the information is
true and, where appropriate, this announcement does not omit
anything likely to affect the importance of the information
included.

Offeror Responsibility Statement
The Offeror accepts responsibility for the information contained in
this announcement insofar as it relates to detail around the Offeror
and the Offer. To the best of its knowledge and belief, the
information contained in this announcement is true and this
announcement does not omit anything likely to affect the importance
of the information.

Midrand
22 May 2023

Corporate Advisor and Transaction Sponsor: Grindrod Bank Limited

Date: 22-05-2023 03:00:00
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